Former BitMart CEO: Did Not Participate in Decision to Cease Platform Operations, Was Removed from Position on July 24

According to TechFlow, on July 26, former BitMart Global CEO Nenter Chow stated on the X social platform that he was informed on July 24 that his Global CEO position would be terminated and the departure process would begin immediately, and he has not yet received a confirmed final departure date. Since that date, he has no longer participated in BitMart's management and decision-making, nor has he been consulted on any operational matters.

Nenter Chow stated that the orderly cessation of operations announcement released by BitMart on July 26 was not formulated with his participation, and he was not previously informed of the relevant decision, but learned of the news only after the announcement was made public. He reminded users to refer only to BitMart's official channels for account-related matters and to act according to the official announcement guidelines as soon as possible.

Earlier news,BitMart announced it will orderly cease operations, stopping trading services on August 26.